Director Adam McKay has reportedly revealed that the sequel to Anchorman will not go before cameras for at least two years.

Star Will Ferrell confirmed that a follow-up to the 2004 comedy about a 1970s newscaster would transpire once the team behind the first film could find the time to meet.

McKay admitted that the cast and crew have discussed ideas for the update, while timing has now proven to be a factor in getting the proposed project filmed.

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He told MTV: "We have an idea, we love it, we've talked to the cast and they all love it. It's all about the scheduling now."

McKay and Ferrell recently reteamed to work on The Other Guys, which will put Anchorman 2 back further.

He added: "We're doing this movie, so that knocks us to another year from now. Maybe we'll start writing the script during post on this.

"Movies take a while, so probably the closest you would ever see it happening is two years from now."

Producer Judd Apatow and co-star Paul Rudd had previously said that the storyline may be set in the 1980s. McKay hinted that that is a possibility, saying: "I can't quite comment on that. But yeah, we're goofing with that."